Trump Argues UAE’s OPEC Exit Could Lower Energy Prices

US President Donald Trump has said the United Arab Emirates’ decision to leave OPEC would help lower energy prices, which have spiked due to the war in Iran and continue...

By Bloomberg Markets · Bloomberg Markets

US President Donald Trump has said the United Arab Emirates’ decision to leave OPEC would help lower energy prices, which have spiked due to the war in Iran and continue to climb. Columbia University Senior Research Scholar Karen Young shares her views on the market impact.